Ambow Education (NYSEAMERICAN:AMBO) Releases Quarterly Earnings Results

Ambow Education (NYSEAMERICAN:AMBO) posted its earnings results on Friday. The company reported ($0.09) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $2.19 million during the quarter.

Ambow Education Price Performance

AMBO opened at $2.36 on Friday. Ambow Education has a fifty-two week low of $1.80 and a fifty-two week high of $6.75. The company’s 50-day moving average is $2.96 and its 200 day moving average is $3.50.

Hedge Funds Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC purchased a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education at the end of the most recent quarter. Institutional investors and hedge funds own 9.65% of the company’s stock.

Ambow Education Company Profile

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.